Mergers & Acquisitions and Valuation of companies Level Intermediate
2-Day intensive, practical, interactive and Excel-based workshop
Live-Online courses and workshops in English
In this real-life and case-study-based course we will work together and you will practically value a company using various internationally accepted models. You will calculate the weighted average cost of capital and the cost of equity using the Capital Asset Pricing Model.
There will be a clear demonstration of the rationale behind M&A and the procedure to be followed.
It is advisable that you use Excel under the guidance of the trainer.
This course is best suited for professionals that would like to have an intermediate practical knowledge of Mergers and Acquisitions – Valuation of companies, as an integral part of the organisation’s strategy.
Objectives
- Practical understanding of the key concepts and principles of mergers and acquisitions in the corporate finance landscape.
- Develop skills to apply valuation techniques to assess the worth of a company using Asset Valuation techniques, Income Valuation techniques, Cash Flow Valuation techniques, WACC and CAPM models.
The entire course will be interactive and a blend of several mini case studies and power point presentation. A series of illustrations, mini case studies and real-life examples will help draw out the models, principles and techniques needed in the M&A-Valuations companies’ word.
Rational – Defensive Strategies and the Process of an M&A:
- Rationale for growth by combination
- Operating, Financial and other Synergies
- Identifying possible Acquisition targets
- Acquisition vs Organic growth
- Defensive strategies
- The “City Code”
WACC and Cost of Equity Calculation:
- Calculation of WACC and its significance
- Capital Asset Pricing model and its usefulness
- Mini Case Study – applying learnt concepts and knowledge
Valuation Models and Mini Real Life Case Studies:
- Asset Based Valuation – mini case study
- Dividend Valuation Model – mini case study
- Earnings Multiplier Model (P/E) – mini case study
- Enterprise Value – Mini case study
- Free Cash Flow to Firm/Equity – Mini Case Study
Comprehensive case study
George Skordis - an experienced professional, currently a Group CFO of 15 companies and conducting Finance projects for the EY Academy’s clients. For specific projects in Advisory and Training, George collaborates with EY Academy to serve key clients.
